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U.S. Adds 142,000 Jobs In August; Unemployment 6.1%

Fri, 09/05/2014 - 8:30am
Hiring in the United States slowed in August as the economy created just 142,000 jobs, marking the smallest gain since December.
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NATO: Cyber Attack Could Trigger Military Response

Fri, 09/05/2014 - 8:22am
NATO leaders agreed on Friday that a large-scale cyber attack on a member country could be considered an attack on the entire U.S.-led alliance, potentially triggering a military response.
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Michael Kors Shares Slump As Major Shareholders Sell Stake

Fri, 09/05/2014 - 8:21am
Shares of Michael Kors Holdings slid 5.1% in premarket trade Friday following news that the apparel company's largest shareholder was selling off its stake.
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Tech Firms Appeal $325M Hiring Settlement Rejection

Fri, 09/05/2014 - 8:18am
Four technology companies including Apple and Google blasted a U.S. judge for rejecting a proposed $324.5 million settlement over hiring practices in Silicon Valley and asked an appeals court to intervene, according to a court filing.
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Fines Could Spur BP to Sell Some Russia Exposure

Fri, 09/05/2014 - 8:12am
The prospect of new fines for the 2010 oil spill could encourage BP to sell some Russian interests, already as risk in the standoff between Moscow and the West.
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Starbucks Plans New Store Designs: Upscale in Seattle, Speedy in New York

Fri, 09/05/2014 - 8:03am
The coffee chain announced two new types of store to capture growing demand for upscale coffee, and a test of a Manhattan 'express' store.
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Stock Futures Pare Losses on Jobs Disappointment

Fri, 09/05/2014 - 7:50am
U.S. stock-index futures trimmed losses on Friday after a key report on the labor market widely missed economists' expectations. 
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Michael Kors falls in premarket as investor sells off stake in the company

Fri, 09/05/2014 - 7:27am
Shares of Michael Kors Holdings Ltd. are falling in premarket trading Friday as one of its principal founding stockholders is selling its remaining shares in the luxury retailer.
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China says online video sites need to licenses to show foreign TV dramas, films

Fri, 09/05/2014 - 7:24am
China's broadcasting authority says online streaming sites must obtain licenses before showing foreign TV shows and movies, in a tightening of control over the industry.
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JinkoSolar Names New CFO

Fri, 09/05/2014 - 7:15am
JinkoSolar named Haiyun Cao as its new chief financial officer, replacing Longgen Zhang, effective Friday.
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NYC special education contractor sentenced to 2 years in prison

Fri, 09/05/2014 - 5:49am
A man who ran special education pre-K programs in New York City has been sentenced to two years in prison after admitting he stole more than $2 million from the company.
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Former West Haven housing director pleads guilty to taking $1.5 million in bribes

Fri, 09/05/2014 - 5:44am
Federal prosecutors say a Connecticut man has admitted taking about $1.5 million in bribes while serving as the executive director of the West Haven Housing Authority.
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Environmentalists, residents hail judge's decision finding BP 'grossly negligent' in oil spill

Fri, 09/05/2014 - 4:29am
Environmentalists, recreational fishermen and people who make their living on the Gulf of Mexico are hailing a federal judge's ruling that could mean $18 billion in additional fines for BP over the nation's worst offshore oil spill.
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Ski titans headed to court with ski season at 1 of Utah's largest resorts in the balance

Fri, 09/05/2014 - 3:24am
A Utah judge is expected to issue a ruling Friday in a long-running court battle between two ski titans that will determine whether the lifts stand idle this season at one of the state's largest ski resorts.
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Tesla picks Nevada; World's biggest lithium battery plant eyes world's 'Biggest Little City'

Fri, 09/05/2014 - 3:22am
The Biggest Little City in the World is about to get a new neighbor: the biggest lithium battery factory in the world that Nevada Gov. Brian Sandoval asserted will create more than 22,000 new jobs and pump $100 billion into the state's economy over the next 20 years.
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German factory output rebounds in July, another sign Europe's biggest economy still growing

Fri, 09/05/2014 - 3:20am
Official data show that German factory production rebounded in July, another sign that Europe's biggest economy should return to growth in the third quarter.
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Australian prime minister expected to sign uranium export deal with India

Fri, 09/05/2014 - 3:01am
Australian Prime Minister Tony Abbott has met with his Indian counterpart on a two-day state visit during which they are expected to sign a deal to allow the export of uranium to New Delhi for use in power generation.
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Healthy economic reports suggest hiring in August was strong for 7th straight month

Fri, 09/05/2014 - 3:01am
After a week of mostly positive economic news, analysts have forecast that the August jobs report being released Friday will show a seventh straight month of solid gains.
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Shoppers' love affair with yoga pants trumps jeans

Fri, 09/05/2014 - 3:00am
Americans' obsession with jeans is beginning to wear thin.
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Detroit's CFO to return to stand on fourth day of Detroit bankruptcy trial

Fri, 09/05/2014 - 2:46am
Detroit's chief financial officer is set to return to the witness stand for a second day in the city's historic bankruptcy trial.
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